Baroda BNP Paribas Flexi Cap Fund
Direct · GrowthAI Summary
Baroda BNP Paribas Flexi Cap Fund has delivered consistent outperformance versus the NIFTY 50 across all measured periods, with alpha of 9.59% over 1Y, 6.65% over 3Y, and positive alpha extending out to 15Y. Its 1Y SIP XIRR of 10.81% beats the category average of 9.63%, though its 3Y XIRR of 10.7% trails the category average of 14.85%. Lump-sum performance is also solid, with 3Y rolling returns averaging 15.96% versus a benchmark point-to-point CAGR of 10.8%.
The fund exhibits strong downside protection, with downside capture of 82.86% over 1Y and 89-91% over longer periods, meaning it falls less than the benchmark in weak markets. It has recorded only one drawdown event greater than 10%, with a maximum drawdown of just -0.20% that took 518 days to recover. Calmar ratios of 0.832 (1Y) and 0.7855 (3Y) indicate reasonable risk-adjusted returns relative to drawdown depth.
Detailed holdings and sector allocation data were not provided in this dataset, so specific top holdings and concentration levels cannot be assessed. As a flexi cap fund, it has the mandate to allocate flexibly across large, mid, and small caps, which supports diversification across market capitalizations. Investors should review the latest factsheet for current portfolio composition before investing.
The fund outperforms the category on 1Y SIP XIRR (10.81% vs 9.63%) but lags meaningfully on 3Y XIRR (10.7% vs 14.85%), suggesting recent SIP-based relative performance has softened. Its long-term benchmark outperformance, with alpha positive across 1Y through 15Y windows, points to durable stock selection. Calendar year returns show volatility, ranging from -4.18% in 2026 to 28.73% in 2023.
This fund suits investors seeking market-linked growth with below-benchmark downside capture, making it appropriate for those with a moderate risk tolerance and a horizon of 5-7 years or more. SIP investors benefit from its defensive character during market declines, though they should note the current 3Y XIRR gap versus category peers. It is best used as a core flexi cap holding rather than a high-growth satellite allocation.
- Consistent positive alpha versus NIFTY 50 across every measured period from 1Y to 15Y, including 6.65% over 3Y
- Strong downside protection with downside capture of 82.86% over 1Y and under 92% across all longer windows
- 1Y SIP XIRR of 10.81% exceeds the category average of 9.63%
- 3Y SIP XIRR of 10.7% trails the category average of 14.85% by over 4 percentage points
- Recent calendar year returns are weak, with -4.18% in 2026 and only 1.96% in 2025 following strong 2023-2024 gains
Generated on 14-10-2026, 4:09 AM. Verify before investing.
Gives more importance to longer time periods (10Y, 20Y) than shorter ones (1Y, 3Y). This balances out recent outperformance and gives a more realistic picture of what long-term returns might look like.
The largest peak-to-trough decline in the fund's NAV. Shows the worst-case loss an investor would have experienced at any point in the fund's history.
If you invested ₹1,00,000 every month via SIP, here's how this fund has historically performed across different time horizons.
| Duration | Invested | Median Value | XIRR | Min XIRR | Max XIRR |
|---|---|---|---|---|---|
| 1 Year | ₹12.00 L | ₹12.69 L | 17.3% | -24.5% | 52.7% |
| 3 Years | ₹36.00 L | ₹41.85 L | 11.0% | 1.7% | 19.8% |
SIP returns vs benchmark & category
Annualised SIP return (XIRR) over each rolling horizon — like-for-like, not lump-sum.
| Duration | Fund SIP XIRR | NIFTY 50 | Category avg | Fund edge |
|---|---|---|---|---|
| 1 Year | 17.3% | 14.3% | 9.6% | +3.1% |
| 3 Years | 11.0% | 11.0% | 14.8% | -0.0% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 16.9% | 10.2% | -8.3% | 47.9% | 0.64 | 2.88 | 90% | — | — |
| 3 Years | 15.9% | 16.5% | 10.8% | 18.7% | 4.82 | — | 100% | — | — |
Calmar Ratio by Duration
Compared against NIFTY 50
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | +7.95 | 0.93 | 93.0% | 82.1% | -2.3% | -11.4% |
| 3 Years | +5.93 | 0.99 | 99.5% | 91.7% | 11.2% | 5.3% |
| 5 Years | +4.61 | 0.97 | 97.0% | 89.2% | 10.1% | 5.4% |
| 7 Years | +3.18 | 0.97 | 97.0% | 89.2% | 7.1% | 3.8% |
| 10 Years | +2.12 | 0.97 | 97.0% | 89.2% | 4.9% | 2.7% |
| 12 Years | +1.73 | 0.97 | 97.0% | 89.2% | 4.1% | 2.2% |
| 15 Years | +1.34 | 0.97 | 97.0% | 89.2% | 3.3% | 1.8% |